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Volteras Secures $11.1 Million Series A Funding to Innovate Energy and Mobility Data Solutions

On May 29, 2025, Volteras, a pioneering data streaming platform dedicated to transforming energy and mobility data, announced the successful closing of an oversubscribed $11.1 million Series A funding round. This achievement marks a significant milestone for the company, which aims to streamline data connections among electric vehicles (EVs), charging infrastructure, and energy management systems.

A Strategic Partnership for Growth

The funding round was prominently led by Union Square Ventures, a venture capital firm renowned for its early investments in influential companies such as Twitter. Other notable participants included fleet card providers Wex and Edenred, along with existing investors Exor and Long Journey Ventures. Combined, Wex and Edenred service an impressive 24 million vehicles, viewing Volteras as a crucial partner in their transition to electric mobility.

David Klein, Head of WEX Venture Capital, remarked, "With WEX serving over 19 million vehicles, we see immense potential in Volteras' platform for helping fleets leverage their data effectively." Norbert Furnion, Managing Partner at Edenred Ventures, further highlighted the expanding opportunities of Volteras' technology in both mobility and energy sectors, stating, "Their focus on official data partnerships distinguishes them and positions the company favorably in the evolving landscape."

Revolutionizing the Data Ecosystem

Volteras is leading a charge in revolutionizing the energy ecosystem by ensuring seamless data connectivity between electric vehicles, charging stations, and home energy systems. This transformation is akin to how Plaid redefined the banking sector by enhancing data flow between financial institutions. Volteras emphasizes a transparent, partnership-driven model, having already integrated data from over 30 original equipment manufacturers (OEMs), including renowned brands such as Ford, Mercedes-Benz, and Volkswagen Group AG.

Peter Wilson, CEO and co-founder of Volteras, expressed excitement over the upcoming transformations, stating, "We are thrilled to have the backing of world-class investors who share our vision to reshape the energy data ecosystem. This funding will accelerate our mission to connect automakers, energy suppliers, and mobility platforms in ways never before possible."

Comprehensive Solutions for Consumers and Businesses

Volteras aspires to build the largest energy data platform in the world, enabling symbiotic relationships between automotive manufacturers, energy providers, and consumers. By leveraging real-time, multi-brand vehicle data, businesses can optimize their fleets, facilitate preventive maintenance, and ensure smarter energy management, thereby contributing to increased efficiency and sustainability.

For consumers, the platform offers innovative solutions such as usage-based insurance and the ability to manage smart charging, enabling users to charge EVs during off-peak times when electricity costs are lower. Additionally, Volteras’ API allows seamless integration with home energy management systems, empowering consumers to optimize energy consumption and monitor their carbon footprint effectively.

Expanding Horizons with Series A Funding

With the funds secured, Volteras has ambitious plans to:

• - Extend partnerships with automakers and energy manufacturers worldwide.
• - Enhance its workforce by hiring software engineers, data scientists, and specialists in energy products.
• - Collaborate with new partners like Octopus Electric Vehicles and Hitachi ZeroCarbon to roll out innovative EV services.

Jim Donaldson, Chief Technology Officer at Hitachi ZeroCarbon, praised Volteras for simplifying access to essential automotive data, stating, "This collaboration has enabled us to onboard new vehicles rapidly and cost-effectively, allowing us to focus on our core innovations."

Prioritizing Data Security

In an era where data protection is paramount, Volteras prioritizes safety and security while handling sensitive information related to vehicle telematics and user data. By utilizing OEM-authorized integrations, Volteras guarantees that data is transmitted through secure, encrypted channels, effectively minimizing cybersecurity risks. This robust approach ensures that the risk of data breaches—potentially leading to significant financial losses or operational disruptions—is substantially reduced.

In conclusion, Volteras represents a transformative force within the energy ecosystem, paving the way for enhanced connectivity and innovation in the electric mobility space. As they embark on their journey fueled by new funding, both businesses and consumers stand to gain from the innovations that lie ahead.